JUST IN: Coleman Hawkins sign $2 million NIL deal to land at Kansas State.

A prominent college basketball transfer target is said to have signed a $2 million NIL agreement for the second time in a month.

Great Osobor of Utah State committed to Washington back in May on a rumored $2 million deal. Shortly after the announcement, On3 received information from sources indicating that the deal consisted of endorsement deals and payments from a NIL group.

Then, Illinois forward Coleman Hawkins, who had withdrawn from the NBA draft, committed to Kansas State on Friday morning. Hawkins reportedly signed a $2 million contract, according to Shams Charania, an NBA insider for The Athletic and Stadium. Represented by Court XIV’s Nate Conley and Verus Basketball’s Aaron Turner, disclosing deal statistics has grown in popularity as a means of attracting new business.

“It’s all for recruiting,” one agent told On3 who represents several elite college basketball players. “Perhaps a million dollars.”

Nijel Pack, a transfer from Kansas State, signed a two-year contract with LifeWallet in April 2022. On the same day that Pack committed to Miami, John Ruiz revealed the parameters of the two-year agreement. The deal required the keys to an automobile and an annual payment of $400,000. In terms of college basketball at the time, it was a major thing.The amount of money coming into the industry has only gotten bigger since then. Now that the NCAA has been rendered powerless by a preliminary injunction in Tennessee, contract negotiations can proceed before an NCAA commitment. The NCAA has since stopped looking into NIL transactions and third-party collectives.

The alleged $2 million contract that Coleman Hawkins allegedly signed has not yet been obtained by On3. On3, however, a person with knowledge of the matter stated that the sum exceeded $1.5 million. Conley has not returned calls or texts as of yet. Another source informed On3 that the agreement was not finalized with Kansas State NIL collective, Wildcat NIL, which is visible to the public.

Rather, the person with knowledge of the matter claimed that a group of private donors who have chosen to remain anonymous carried out the seven-figure transaction. It was “probably a $2 million deal,” the insider said.

Numerous elite football and basketball players for the Wildcats have collaborated with the group of donors. 11 out of 13 K-State basketball players are now under NIL contracts with Wildcat NIL. One of the biggest NIL budgets in the nation is at Kansas State. NIL collectives have bankrolls ranging from $1 to $6 million. Compared to football, deals of between half a million and seven figures happen far more frequently in basketball.

However, Coleman Hawkins managed to secure a $2 million deal with the market. Power forwards and centers are the most valuable positions in the basketball transfer portal, where the majority of NIL dollars are employed these days. $1 million deals are typical for top personnel in those roles.

Hawkins chose K-State over North Carolina, LSU, Louisville, SMU, and Arkansas, making him one of the final standouts in the basketball portal. This past season, he averaged 12.1 points, 6.1 rebounds, and 2.7 assists. He was a key member of the Illinois squad that finished 29-9 and advanced to the Elite Eight. He moves to Manhattan having seen four seasons of Big Ten plays.

However, Coleman Hawkins managed to secure a $2 million deal with the market. Power forwards and centers are the most valuable positions in the basketball transfer portal, where the majority of NIL dollars are employed these days. $1 million deals are typical for top personnel in those roles.

Hawkins chose K-State over North Carolina, LSU, Louisville, SMU, and Arkansas, making him one of the final standouts in the basketball portal. This past season, he averaged 12.1 points, 6.1 rebounds, and 2.7 assists. He was a key member of the Illinois squad that finished 29-9 and advanced to the Elite Eight. He moves to Manhattan having seen four seasons of Big Ten plays.